{"id":289200,"date":"2026-10-06T11:17:04","date_gmt":"2026-10-06T05:47:04","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=289200"},"modified":"2026-10-06T11:17:04","modified_gmt":"2026-10-06T05:47:04","slug":"jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/","title":{"rendered":"Jio IPO GMP Today: Grey Market Premium Rises to Rs 160, What It Signals Against the Expected Price Band, Why GMP Can Mislead, and What Is Still Unconfirmed Before the 21 October Opening"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Jio IPO GMP: Rs 145-147 on 5 Oct (range Rs 120-160 on 2 Oct); Rs 160 in headline quotes. Price band not announced. Opens 21 Oct, lists 28 Oct, $3.8 bn.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Jio IPO GMP has risen to about Rs 160 in some quotes, though other trackers show Rs 145 to Rs 147 on 5 October after a Rs 120 to Rs 160 range on 2 October, and none of it is official because the price band has not been announced. If the issue is priced near Rs 1,400, which is what Rs 37,700 crore for 27 crore fresh shares implies by my calculation, a Rs 150 premium is about 11%, but one portal&#8217;s tentative Rs 1,300 to Rs 1,350 band is unverified. The IPO is reportedly set to open on 21 October and close on 23 October with listing on 28 October, so headlines that say listing on 21 October are mixing up the opening and the listing. GMP missed badly on Orient Cables and AceVector this week, so treat it as sentiment and wait for the price band and the red herring prospectus.<\/p>\n<\/p><\/div>\n<p>Jio IPO GMP is the number everyone is checking after reports that the Reliance-backed Jio Platforms issue could raise about $3.8 billion, India&#8217;s largest ever. The grey market premium has moved between Rs 120 and Rs 160 in the past few days, signalling strong interest, but the grey market is unofficial and unregulated.<\/p>\n<p>If you are tracking the Jio IPO GMP, this article covers the day-wise grey market premium, the expected Jio IPO price band and the implied listing gain, how GMP is calculated, why it can mislead using Orient Cables and AceVector this week, the confirmed and unconfirmed facts such as the 27 crore fresh shares, the 28 October Jio IPO listing, the red herring prospectus and valuation, how to apply and the risks. GMP quotes differ by source and change every few hours.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Jio_IPO_GMP_Day-Wise_Grey_Market_Premium\" title=\"Jio IPO GMP: Day-Wise Grey Market Premium\">Jio IPO GMP: Day-Wise Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Jio_IPO_Price_Band_and_the_Implied_Jio_IPO_GMP_Percentage\" title=\"Jio IPO Price Band and the Implied Jio IPO GMP Percentage\">Jio IPO Price Band and the Implied Jio IPO GMP Percentage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Why_Jio_IPO_GMP_Can_Mislead_Lessons_From_This_Week\" title=\"Why Jio IPO GMP Can Mislead: Lessons From This Week\">Why Jio IPO GMP Can Mislead: Lessons From This Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#What_Is_Confirmed_and_What_Is_Not_About_the_Jio_IPO_Behind_the_Jio_IPO_GMP\" title=\"What Is Confirmed and What Is Not About the Jio IPO Behind the Jio IPO GMP\">What Is Confirmed and What Is Not About the Jio IPO Behind the Jio IPO GMP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#How_to_Use_the_Jio_IPO_GMP_When_Deciding\" title=\"How to Use the Jio IPO GMP When Deciding\">How to Use the Jio IPO GMP When Deciding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Risks_Around_Relying_on_the_Jio_IPO_GMP\" title=\"Risks Around Relying on the Jio IPO GMP\">Risks Around Relying on the Jio IPO GMP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#What_to_Watch_Next_for_the_Jio_IPO_GMP\" title=\"What to Watch Next for the Jio IPO GMP\">What to Watch Next for the Jio IPO GMP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#What_is_the_Jio_IPO_GMP_today\" title=\"What is the Jio IPO GMP today?\">What is the Jio IPO GMP today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#What_is_the_expected_Jio_IPO_price_band\" title=\"What is the expected Jio IPO price band?\">What is the expected Jio IPO price band?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#What_is_the_estimated_Jio_IPO_listing_gain\" title=\"What is the estimated Jio IPO listing gain?\">What is the estimated Jio IPO listing gain?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#When_does_the_Jio_IPO_open_and_list\" title=\"When does the Jio IPO open and list?\">When does the Jio IPO open and list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Is_the_Jio_IPO_GMP_reliable\" title=\"Is the Jio IPO GMP reliable?\">Is the Jio IPO GMP reliable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#How_big_is_the_Jio_IPO\" title=\"How big is the Jio IPO?\">How big is the Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#How_will_Jio_use_the_IPO_money\" title=\"How will Jio use the IPO money?\">How will Jio use the IPO money?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/jio-ipo-gmp-today-grey-market-premium-rs-160-expected-price-band\/#Should_I_apply_based_on_the_Jio_IPO_GMP\" title=\"Should I apply based on the Jio IPO GMP?\">Should I apply based on the Jio IPO GMP?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jio_IPO_GMP_Day-Wise_Grey_Market_Premium\"><\/span><strong>Jio IPO GMP: Day-Wise Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Date<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported Jio IPO GMP<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Source note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 150, with a high of Rs 160 and a low of Rs 120 during the day<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IPO tracker data<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2 October evening<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 160 to Rs 170<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A grey market update cited by one site<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">3 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 125<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IPO tracker data<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">4 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 145 to Rs 148<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Two trackers<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5 October<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 145 to Rs 147<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Two trackers<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Headline quote<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 160<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A live GMP list<\/td>\n<\/tr>\n<\/table>\n<p>The spread between Rs 120 and Rs 170 in three days shows how thin and unofficial the Jio IPO GMP market is. The Rs 160 figure in headlines sits at the top of the range, while most trackers showed Rs 145 to Rs 148 on the latest days.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data on Reliance and telecom stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jio_IPO_Price_Band_and_the_Implied_Jio_IPO_GMP_Percentage\"><\/span><strong>Jio IPO Price Band and the Implied Jio IPO GMP Percentage<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Assumed issue price<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">GMP of Rs 145<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">GMP of Rs 160<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Basis<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,300<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 11.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 12.3%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A tentative band on one portal, unverified<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,350<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 10.7%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 11.9%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The upper end of that tentative band<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,396<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 10.4%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 11.5%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 37,700 crore divided by 27 crore shares, my calculation<\/td>\n<\/tr>\n<\/table>\n<p>The price band is not announced, so every percentage here is an illustration and the Jio IPO GMP can swing once the band is set. If the final price is higher or lower, the percentage changes, and an estimated listing price is simply the issue price plus the GMP, which is only a market sentiment signal.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Jio_IPO_GMP_Can_Mislead_Lessons_From_This_Week\"><\/span><strong>Why Jio IPO GMP Can Mislead: Lessons From This Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">IPO<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">GMP before listing<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Actual listing<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Orient Cables<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 110 to Rs 115, or about 42%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listed 65% higher, then hit a lower circuit<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">AceVector (Snapdeal)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1, or about 3%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listed 11.5% below the issue price<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Runwal Enterprises<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Flat<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listed flat<\/td>\n<\/tr>\n<\/table>\n<p>GMP underestimated Orient Cables and overestimated AceVector this week. For a $3.8 billion issue, the Jio IPO GMP is even less reliable, because the size is too large for a thin unofficial market to price well.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Jio IPO and the primary market live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Confirmed_and_What_Is_Not_About_the_Jio_IPO_Behind_the_Jio_IPO_GMP\"><\/span><strong>What Is Confirmed and What Is Not About the Jio IPO Behind the Jio IPO GMP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Status<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Issue size<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $3.8 billion, or roughly Rs 37,700 crore, reported but not official<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Structure<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">100% fresh issue of up to 27 crore shares, per the draft prospectus<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SEBI clearance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Final observations received on 28 August 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Opening and closing dates<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported as 21 to 23 October, not officially announced<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Jio IPO listing date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported as 28 October, subject to market conditions<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price band, lot size and allocation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not announced; the red herring prospectus is expected in the week of 12 October<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Use of proceeds<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 27,500 crore to repay borrowings of Reliance Jio Infocomm<\/td>\n<\/tr>\n<\/table>\n<p>Some headlines say the Jio IPO listing is expected on 21 October, but reports say that is the opening date. The shares are expected to list on the BSE and NSE on 28 October.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Use_the_Jio_IPO_GMP_When_Deciding\"><\/span><strong>How to Use the Jio IPO GMP When Deciding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Wait for the Jio IPO price band: GMP means little until the issue price is known.<\/li>\n<li>Compare valuation, not just premium: reports talk of an enterprise value of $143 billion to $146 billion.<\/li>\n<li>Read the red herring prospectus for risks, debt, ARPU and capex.<\/li>\n<li>Check subscription levels once the issue opens, since institutional demand matters more than GMP.<\/li>\n<li>Decide your plan in advance: listing-day seller or long-term holder.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Around_Relying_on_the_Jio_IPO_GMP\"><\/span><strong>Risks Around Relying on the Jio IPO GMP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Unofficial data:<\/strong> The grey market is unregulated and quotes differ by source.<\/p>\n<p><strong>Wrong signal:<\/strong> GMP has misread listings this week in both directions.<\/p>\n<p><strong>Valuation:<\/strong> An enterprise value near $143 billion to $146 billion leaves little room for error.<\/p>\n<p><strong>Market conditions:<\/strong> A weak market or a rate hike on 7 October could shrink the premium.<\/p>\n<p><strong>Size:<\/strong> A very large issue may list with a smaller premium than smaller IPOs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_Jio_IPO_GMP\"><\/span><strong>What to Watch Next for the Jio IPO GMP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The red herring prospectus and the price band in the week of 12 October.<\/li>\n<li>Anchor investor details around 19 October.<\/li>\n<li>How the Jio IPO GMP moves after the price band.<\/li>\n<li>The India roadshow and any change in valuation talk.<\/li>\n<li>Market reaction to the RBI policy on 7 October.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Jio IPO GMP is quoted at Rs 145 to Rs 160, or roughly 10% to 12% on an assumed price near Rs 1,300 to Rs 1,400, but the price band is not announced and grey market data misread listings this week, so the Jio IPO GMP is only a sentiment gauge. The issue is reportedly due to open on 21 October and list on 28 October. Consult a SEBI-registered advisor before making any decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Jio_IPO_GMP_today\"><\/span><strong>What is the Jio IPO GMP today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Quotes range from about Rs 145 to Rs 147 on 5 October to Rs 160 in some lists, and all are unofficial.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_expected_Jio_IPO_price_band\"><\/span><strong>What is the expected Jio IPO price band?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It is not announced. One portal cites a tentative Rs 1,300 to Rs 1,350, and Rs 37,700 crore divided by 27 crore shares implies about Rs 1,396, my calculation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_estimated_Jio_IPO_listing_gain\"><\/span><strong>What is the estimated Jio IPO listing gain?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On an assumed price of Rs 1,300 to Rs 1,400, a Jio IPO GMP of Rs 145 to Rs 160 is about 10% to 12%, but it is only an illustration.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Jio_IPO_open_and_list\"><\/span><strong>When does the Jio IPO open and list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It is reportedly set to open on 21 October and close on 23 October, with listing on 28 October, none of it officially announced.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Jio_IPO_GMP_reliable\"><\/span><strong>Is the Jio IPO GMP reliable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. The Jio IPO GMP is unofficial, and GMP missed badly on Orient Cables and AceVector this week.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_big_is_the_Jio_IPO\"><\/span><strong>How big is the Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> About $3.8 billion, roughly Rs 37,700 crore, a fresh issue of up to 27 crore shares, which would be India&#8217;s largest IPO.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_will_Jio_use_the_IPO_money\"><\/span><strong>How will Jio use the IPO money?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> About Rs 27,500 crore is earmarked to repay borrowings of Reliance Jio Infocomm.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_apply_based_on_the_Jio_IPO_GMP\"><\/span><strong>Should I apply based on the Jio IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not constitute investment advice. Wait for the price band and prospectus instead of relying on the Jio IPO GMP. Consult a SEBI-registered financial advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Jio IPO GMP today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Quotes range from about Rs 145 to Rs 147 on 5 October to Rs 160 in some lists, and all are unofficial.\"}},{\"@type\":\"Question\",\"name\":\"What is the expected Jio IPO price band?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is not announced. One portal cites a tentative Rs 1,300 to Rs 1,350, and Rs 37,700 crore divided by 27 crore shares implies about Rs 1,396, my calculation.\"}},{\"@type\":\"Question\",\"name\":\"What is the estimated Jio IPO listing gain?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On an assumed price of Rs 1,300 to Rs 1,400, a Jio IPO GMP of Rs 145 to Rs 160 is about 10% to 12%, but it is only an illustration.\"}},{\"@type\":\"Question\",\"name\":\"When does the Jio IPO open and list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is reportedly set to open on 21 October and close on 23 October, with listing on 28 October, none of it officially announced.\"}},{\"@type\":\"Question\",\"name\":\"Is the Jio IPO GMP reliable?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. The Jio IPO GMP is unofficial, and GMP missed badly on Orient Cables and AceVector this week.\"}},{\"@type\":\"Question\",\"name\":\"How big is the Jio IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"About $3.8 billion, roughly Rs 37,700 crore, a fresh issue of up to 27 crore shares, which would be India's largest IPO.\"}},{\"@type\":\"Question\",\"name\":\"How will Jio use the IPO money?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"About Rs 27,500 crore is earmarked to repay borrowings of Reliance Jio Infocomm.\"}},{\"@type\":\"Question\",\"name\":\"Should I apply based on the Jio IPO GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This article does not constitute investment advice. Wait for the price band and prospectus instead of relying on the Jio IPO GMP. Consult a SEBI-registered financial advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jio IPO GMP rose to Rs 160 in some quotes. See day-wise grey market premium, the expected price band and why GMP can mislead.<\/p>\n","protected":false},"author":34,"featured_media":289199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[8564,8565,8563,8349,8347,610],"class_list":["post-289200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-grey-market-premium","tag-ipo-price-band","tag-jio-ipo-gmp","tag-jio-ipo-listing","tag-jio-platforms-ipo","tag-reliance"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["289199"],"rank_math_title":["Jio IPO GMP Today: Premium at Rs 160, Expected Price Band"],"rank_math_description":["Jio IPO GMP rose to Rs 160 in some quotes while others show Rs 145 to 147. See day-wise GMP, the expected price band, why GMP can mislead and what is unconfirmed."],"rank_math_focus_keyword":["Jio IPO GMP"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/jio-ipo-gmp-today-grey-market-premium-rises-to-rs-160-what-it-signals-against.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=289200"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289200\/revisions"}],"predecessor-version":[{"id":289201,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/289200\/revisions\/289201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/289199"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=289200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=289200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=289200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}